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20121211
20121211
Search Results 0 to 5 of about 6 (some duplicates have been removed)
. how we really globalize. globalization is a big company game. i can go to china and not be afraid. going to africa and compete with the chinese. i can go to russia and say i can manage the risk-reward equation. so that's where a lot of new consumers are and i would say that is a core competency of a multibusiness big company like g.e. so i'd say it's more than those two but those two are important. >> rose: you once said to me tell me what the global economy will look like and the domestic economy will look like and i can can tell you what g.e. will do. >> uh-huh. >> rose: look ahead to the global economy today and tell me how you see it, where it's going and pra what are the prospects for growth? >> i think the world always revolves around a couple fundamentals. one is where are the people? demographics rule. at times when the u.s. grew the fastest was times when the population was also growing the fastest. so the fact there that there's a billion new consumers joining the middle-class in the next five or ten years, you bet be with them. the second is the cost of materials so bas
.s. in general is looking positive. and the u.s. is creating a lot more jobs. china is still positive in the fourth quarter. china is going to show a slow and steady improvement. so we need those. >> higher expectations stronger in the likes of taiwan, india and brazil. let's go back to where you say they're weakest. greece, italy, spain, the netherlands. this is a very weak feature, indeed. how bad in it? >> it's bad. the eurozone is the global economic problem now. if you look at asia where i just returned from, both countries are feeling optimistic. but they seem to be inwardly focused now by being a triangle of china, india, indonesia. we're not seeing a great benefit into europe as we did before. for instance, germany is looking pretty pessimistic. based on its lack of export performance to places like china. >> yeah. when the bundes bank came out and shortly downgraded forecasts, how is the employment picture? if you've got a relatively healthy china and the u.s. consumer bounce back, wouldn't that help germany? >> it certainly would. germany is relatively flat in terms of the e
did a report last year a few months ago about china and india's investment, the rapid level in which they are investing from pre-k through college. there will have more in china and any of them the entire u.s. work force. we're focused on a global economy. those from harvard are competing globally with students from china, germany, brazil. tavis that transform the way we think about education? do you think your role as straining american leaders? are you looking at attracting global leaders? >> there are so many questions. let me address a few of them. there are numerous kind of statistics that we have a preeminence of college graduates in our populations and levels of participation. we are losing this. we have once last three of the world's college graduates. that is an interesting illustration of a shift in the dynamism. i see this when i travel. a huge commitment to public resources. huge energy to enthusiasm of higher education. india wants 1500 new universities by 2020. alicia's in a meeting about hong kong this week. i learned that hong kong university is expanding undergraduat
expensive to do business in countries like china. our workers have become even more productive. our energy costs are starting to go down here in the united states. and we still have the largest market. so when you factor in everything, it makes sense to invest here, in america. and that's one of the reasons why american manufacturing is growing at the fastest pace since the 1990s. and thanks in part to that boost in manufacturing, four years after the worst economic crisis of our lifetimes, our economy is growing again. our businesses have created more than 5.5 million new jobs over the past 33 months. so we're making progress. [applause] we're moving in the right direction. we're going forward. so what we need to do is simple. we need to keep going. we need to keep going forward. we should do everything we can to keep creating good middle- class jobs that help folks rebuild security for their families. [applause] and we should do everything we can to encourage companies like daimler to keep investing in american workers. and by the way, what we shouldn't do -- i just got to say this -- wh
going to compete with china with 1.3 billion people? the answer is we can have the entire world at our disposal by creating conditions that the best people in the wormed can come to the united states and study. >> and stay and start businesses. >> two, then we have to focus on faction, particularly the corporate tax reform, to get a system which is simpler and promotes efficiency and makes it easier for businesses to compete if the world. third, then we have to -- that will create -- that will be enormous. third, then there is a infrastructure investment that needs to be made. this is very important because in the context of the kiped of budget deal we'll get where we'll spend less going forward as businesses, we have to think about what our values are with respect to what we'll spend money on. the most important things we can spend money on is infrastructure to again create -- make investments in the future rather than just short-term spending. and then twin that with important support for research, basic research, and for higher education as drew talked about. and for education. thos
Search Results 0 to 5 of about 6 (some duplicates have been removed)

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